Prudential Financial Inc announce interim dividend increased by 15 per cent to 8.88 cents per share
Other financial highlights include:
- Driving quality growth and strong capital generation:
- New business profit grew 8 per cent, to $1,384 million, with margins expanding 2 percentage points to 40 per cent.
- Operating free surplus generated from in-force insurance and asset management (Gross OFSG) business was up 15 per cent to $1,791 million.
- Adjusted operating profit before tax increased 9 per cent to $1,812 million. Adjusted operating profit after tax increased by 10 per cent to $1,523 million. Earnings per share based on adjusted operating profit (Adjusted EPS) was 58.4 cents per share, an increase of 17 per cent.
- Strong growth in EV:
- Group TEV equity of $39.1 billion (31 December 2025 $37.8 billion on an actual exchange rate basis), equivalent to 1,557 cents per share and operating return on embedded value of 15 per cent.
- Investing for long-term growth while increasing shareholder returns:
- The Group continued to invest in long-term growth, including increased ownership stake in Malaysia life business to 70 per cent and strategically repositioning its presence in India through the agreed acquisition of a 75 per cent stake in Bharti Life alongside its separate standalone health entity commencing operations in the third quarter of 2026.
- The Group retained a strong capital position, with a free surplus ratio of 209 per cent (31 December 2025: 221 per cent) and GWS coverage ratio of 268 per cent.
- Prudential is adding circa $0.3 billion* to the previously announced $1.2 billion 2026 share buyback programme.
- Total capital returns to shareholders were $1.0 billion in the first half of 2026.
- First interim dividend increased by 15 per cent to 8.88 cents per share (2025: 7.71 cents per share on an AER basis).
